According to the U.S. Bureau of Labor Statistics, prices for fresh vegetables were 1,728.80% higher in 2020 versus 1947 (a $345.76 difference in value).
Between 1947 and 2020: Fresh vegetables experienced an average inflation rate of 4.06% per year. This rate of change indicates significant inflation. In other words, fresh vegetables costing $20 in the year 1947 would cost $365.76 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.41% during this same period, inflation for fresh vegetables was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Fresh vegetables:
Year | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
CPI | 18.908 | 20.692 | 20.515 | 19.662 | 22.554 | 27.092 | 23.485 | 22.331 | 23.715 | 25.831 | 25.085 | 26.623 | 26.262 | 27.069 | 25.569 | 26.838 | 27.131 | 30.654 | 32.900 | 32.831 | 32.608 | 34.769 | 36.746 | 39.400 | 40.408 | 42.892 | 52.385 | 56.177 | 55.554 | 58.038 | 65.338 | 70.523 | 72.562 | 78.992 | 93.715 | 94.185 | 97.600 | 108.215 | 103.515 | 107.723 | 121.569 | 129.262 | 143.092 | 151.123 | 154.362 | 157.931 | 168.431 | 172.308 | 193.092 | 189.215 | 194.577 | 215.785 | 209.277 | 219.400 | 230.615 | 245.408 | 250.508 | 261.215 | 271.738 | 284.323 | 293.468 | 309.810 | 299.349 | 305.469 | 322.528 | 306.121 | 320.501 | 316.325 | 321.414 | 321.462 | 321.122 | 324.747 | 337.099 | 345.784 |
Below are calculations of equivalent buying power for Fresh vegetables, over time, for $20 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1947 | $20.00 | - |
1948 | $21.89 | 9.44% |
1949 | $21.70 | -0.86% |
1950 | $20.80 | -4.16% |
1951 | $23.86 | 14.71% |
1952 | $28.66 | 20.12% |
1953 | $24.84 | -13.32% |
1954 | $23.62 | -4.91% |
1955 | $25.09 | 6.20% |
1956 | $27.32 | 8.92% |
1957 | $26.53 | -2.89% |
1958 | $28.16 | 6.13% |
1959 | $27.78 | -1.36% |
1960 | $28.63 | 3.08% |
1961 | $27.05 | -5.54% |
1962 | $28.39 | 4.96% |
1963 | $28.70 | 1.09% |
1964 | $32.42 | 12.99% |
1965 | $34.80 | 7.33% |
1966 | $34.73 | -0.21% |
1967 | $34.49 | -0.68% |
1968 | $36.78 | 6.63% |
1969 | $38.87 | 5.69% |
1970 | $41.68 | 7.22% |
1971 | $42.74 | 2.56% |
1972 | $45.37 | 6.15% |
1973 | $55.41 | 22.13% |
1974 | $59.42 | 7.24% |
1975 | $58.76 | -1.11% |
1976 | $61.39 | 4.47% |
1977 | $69.11 | 12.58% |
1978 | $74.60 | 7.94% |
1979 | $76.75 | 2.89% |
1980 | $83.56 | 8.86% |
1981 | $99.13 | 18.64% |
1982 | $99.63 | 0.50% |
1983 | $103.24 | 3.63% |
1984 | $114.47 | 10.88% |
1985 | $109.50 | -4.34% |
1986 | $113.95 | 4.06% |
1987 | $128.59 | 12.85% |
1988 | $136.73 | 6.33% |
1989 | $151.36 | 10.70% |
1990 | $159.85 | 5.61% |
1991 | $163.28 | 2.14% |
1992 | $167.05 | 2.31% |
1993 | $178.16 | 6.65% |
1994 | $182.26 | 2.30% |
1995 | $204.25 | 12.06% |
1996 | $200.15 | -2.01% |
1997 | $205.82 | 2.83% |
1998 | $228.25 | 10.90% |
1999 | $221.37 | -3.02% |
2000 | $232.07 | 4.84% |
2001 | $243.94 | 5.11% |
2002 | $259.59 | 6.41% |
2003 | $264.98 | 2.08% |
2004 | $276.31 | 4.27% |
2005 | $287.44 | 4.03% |
2006 | $300.75 | 4.63% |
2007 | $310.42 | 3.22% |
2008 | $327.71 | 5.57% |
2009 | $316.64 | -3.38% |
2010 | $323.12 | 2.04% |
2011 | $341.16 | 5.58% |
2012 | $323.81 | -5.09% |
2013 | $339.02 | 4.70% |
2014 | $334.60 | -1.30% |
2015 | $339.98 | 1.61% |
2016 | $340.03 | 0.01% |
2017 | $339.67 | -0.11% |
2018 | $343.51 | 1.13% |
2019 | $356.57 | 3.80% |
2020 | $365.76 | 2.58%* |